Providence starts issuing monthly guaranteed income payments

Providence starts issuing monthly guaranteed income payments

PROVIDENCE, R.I. (WPRI) — The 110 Providence residents selected for a guaranteed income pilot program have received their first payment, Mayor Jorge Elorza announced Wednesday.

The one-year program was announced back in July as a way to research the concept of providing monthly, no-strings-attached $500 checks to low-income families. Unlike other support programs such as food stamps that require money be spent on specific types of items, there are no restrictions on how the recipients can spend their guaranteed income payments.

The first checks went out two weeks ago, Elorza said, after the 110 recipients were randomly selected out of 4,000 […]

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